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A less intense version of sexting. Actions are only implied, and emoticons are often used to convey a sense of mystery. Derived from tease + text. Teaxting is generally considered to be extremely obnoxious and tends to drive guys ridiculously insane.

Guy: hey whatsup?
Girl: i think you know ;)
Guy: SERIOUSLY? are you really teaxting me right now
Girl: no, but i know what i'd LOVE to be doing right now ;)